LTC is awesome just like BTC. At the end it's about making money regular people dont give a shit technically. A friend of mine is going buy tons of LTC he doesnt care about the slight techinal things, he think its legit enough and worth investing and sees it from a different perspective than the techy kids who think they represent the crypto elite with their silly predictions  LTC has value cuz people think it does. Same with BTC. Litecoin Devs are putting out some crazy stuff lately, helping development of Bitcoin as well. I have a lot of confidence in Altcoins. It has not even started yet for cryptos. Most of the LTC haters do not even know what the LTC dev team is doing. They are happy at just calling it the same as BTC when it is clearly not. LTC might get better than BTC but I still think it will never be the main coin (unless BTC breaks) BTC will not break, but check out the LTC price in $ when BTC was 120+ $, and check it now. How much LTC decreasd in $ a little. PPL dont see a poent BTC broke before many times, and so far has been fixed every time. Will get get fixed next time? I sure hope so but if not for me, I have a back up... Some people buy LTC for speculation, it is a good tool to use to get "money" out of BTC and into something else other than dollars. You can see that when BTC goes up, LTC now goes down. This trend happened after we jumped from 5 cents to $6. most of the arguments used against LTC and the same ones normal people use to attack BTC. Sad as it is both crypto :/ Will coinbase, mt gox and others start using LTC? Maybe? Will the LTC devs keep working on LTC and making it better? Sure. Honestly I am glad I have both and if one of them dies I will be looking for a new back up no matter what. I guess it is just my nature. |
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LTC is awesome just like BTC. At the end it's about making money regular people dont give a shit technically. A friend of mine is going buy tons of LTC he doesnt care about the slight techinal things, he think its legit enough and worth investing and sees it from a different perspective than the techy kids who think they represent the crypto elite with their silly predictions LTC has value cuz people think it does. Same with BTC. Litecoin Devs are putting out some crazy stuff lately, helping development of Bitcoin as well. I have a lot of confidence in Altcoins. It has not even started yet for cryptos. Most of the LTC haters do not even know what the LTC dev team is doing. They are happy at just calling it the same as BTC when it is clearly not. LTC might get better than BTC but I still think it will never be the main coin (unless BTC breaks) |
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cost and power usage?
thanks
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LTC is awesome just like BTC. At the end it's about making money regular people dont give a shit technically. A friend of mine is going buy tons of LTC he doesnt care about the slight techinal things, he think its legit enough and worth investing and sees it from a different perspective than the techy kids who think they represent the crypto elite with their silly predictions LTC has value cuz people think it does. Same with BTC. |
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Primecoin for now, but GPU is taking over really soon..
really? makes me sad |
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I will find you.....
lol what? |
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It is possible. Nothing in that explanation as to why it can't makes any sense.
As for why not. All Scrypt coins (to date) are just pump and dumps (or "no fair GPUs are too powerful I want to get rich with my CPU" = LTC). Nobody has cared enough to implement it. There is also the issue of "who is the master". In merged mining (or at least as implemented via Bitcoin) one chain needs to be the parent chain. One or more child chains are mined off the parent. I can imagine the little kid sandbox fight in four copycoin "developers" came together to implement merged mining.
"why it can't makes any sense" Really? I hope you are as drunk as I am, if not I lost a huge amount of respect. I know you hate alts but reality, deal with it. I respect most of what you say, 99% or more, but your hate for alts is just wrong. You can't stop it. |
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Now that I have your attention: There have been topics about the possibility of merged mining for Scrypt coins. The conclusion was that it isn't possible, so I always believed it isn't. For SHA256 coins, it's like sending in a lottery ticket 2 times, hoping you find a block on 1 of the chains.
That isn't possible for Scrypt, because you don't send in tickets but calculate seperate tickets for every chain. (someone explained to me once in "merged mining for dummies" language). But I like to question everything, so my questions are: - is it (theoretically) possible to merge mine Scrypt coins? - why is/isn't it? - if it is possible, why don't we do it already? Let's have a nice discussion about this  And by nice, I mean: be nice to each other (and to me  ) Now that I have your attention: Welcome to my ignore list. If you need to mislead people to read your post, fuck off wanker. There is no way this is soon and you know it. edit: I do not normally ignore good people like you but this is beyond the pale. |
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Although I guess that's not exactly fair. I made a few BTC trading on Intersango.
~BCX~
i did some arb back in the day |
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As bad a Gox is they have pulled an Intersango yet ~BCX~ lol true |
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Gox is not exactly know for being competent.
You're not talking about that little incident in June 2011 with that third party database administrator are you? ~BCX~ Lol, "Goxxed" is a term that means "got fucked over". If only they failed hard 10 or 20 times it might not be a term we all use. But Gox is just know for this shit. Anyway I suspect Mark wants more LTC, or else bought them before, and is now selling them off and has no intention of listing LTC. Mark is not someone I would ever trust. Now the Russian mobsters at btc-e, no problem at all! (not kidding either) |
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Gox is not exactly know for being competent.
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BTC will be the gold standard, assuming it does not fork it self up.
The "gold standard" is actually the digital currency with a newly invented 51% defense system, something bitcoin and litecoin sorely lack. https://en.wikipedia.org/wiki/Goldcoinlol, welcome to my ignore. hijack spam really is fail. |
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not dead, now is the best time to buy some LTC
why? |
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Play it well and you end up with more BTCs.
Well that did work for me but that was not my end goal. Just never want to be with out useable crypto. |
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Litecoin shouldn't be looked at as silver while Bitcoin is gold. Others have brought up how easily divisible Bitcoin is compared to gold. I own a 1/10 oz gold piece that's about the size of a penny. It's worth about $130. Since it's already the size of a penny, it's impractical to divide any smaller...that's where silver (or copper) come in.
Instead, Litecoin and Bitcoin should be looked at as MasterCard vs. Visa. Most merchants accept both (except for my local DMV which only accepts MasterCard...go figure) and they both serve the same purpose.
That is a possible scenario for LTC however I would say the proof is in the pudding. Where is the LTC equivalent of coinbase, bitpay (and competitors), BitInstant, etc. People genuinely believed in Bitcoin far beyond what they could pump and dump to invest equity both the $$$ kind and the sweat kind to bring services to Bitcoin. It is those infrastructure services which will lay the foundation for broad merchant adoption. LTC on the other hand is buy some LTC, claim it is silver to BTC gold and wait for a double to sell. Imagine if Mastercard hadn't done any work to build a network, recruit merchants, compete with VISA for mindshare, etc. It was just a brand nobody accepted and they went around claiming "Mastercard silver to VISAs gold". BTC has had a bit of a head start on LTC. Who is to say these things are not in the works? Gox will sell LTC. Coinbase is thinking about adding LTC support. Other stuff is going on. Come back in a year and things might be very different. If not, then you might be right. Like it or not there are people with a lot of money building stuff up for LTC. Still, I never expect LTC to even come close to replacing or equaling BTC. LTC might one day be used more for micro transaction cuz faster/cheaper but BTC will be the gold standard, assuming it does not fork it self up. |
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for the guys getting here because of the feedback for high110 this was once part of a different thread. he was posting off topic spam and the mods did move it.
thx
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Litecoin demonstrates how people are invested in an useless crypto. yes crypto is useless  |
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I get offer 20K for the domain
Twenty thousand US Treasury Notes? Wow ... maybe it was in btc. |
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